As an IT professional, not everything falls into place. I’ve led many projects for other companies. I’ve mostly succeeded but sometimes we do fail. But with many successes comes confidence and in most cases that drives a few of us to step-up… to start our own businesses. Enter the start-up.
For those unfamiliar, start-up businesses are mostly used to referrer businesses that exist to offer a product that currently either doesn’t have a market or has not yet made a market. Its always built on ideas. For most SMEs, they operate on a simple principle of delivering and satisfying existing needs but start-ups are faced with the challenge of driving interest to a potential market that currently doesn’t know they need your product or solution.
In this infographic we’ll walk through some of the reasons start-ups fail and some of the reasons are very obvious that you probably say “how come they didn’t see that?”. And you’re right, but sometimes, a burning desire will be enough to blind someone’s reason. But failures make us greater, its what you do with the knowledge acquired thru these failures that you grow more and more.
Infographic brought to you by Wrike project management scheduling software